Toyota Highlander Lease Questions

Comments

computers are right, you're wrong. dealers give you different payments because theyre giving you different deals. also dealerships lie; they say "includes everything" (or "out the door") but in reality some fees or taxes may not be included yet. These tactics are just used to "get a customer in the door". Another hugh word trick dealers use is "zero down lease"; oh yeah, sure, it's zero down. but you have to put down your first payment, or fees, or sales tax. it's all pure advertising/marketing gimmicks. don't try to calculate a lease your self, because there's no point. who are you leasing from? youre not leasing from yourself, youre leasing from a dealer. The dealer has the software that's used to calculate payments and to print out contracts. thats the bottom line. trying to calculate a lease yourself wastes everyone's time. do you walk into best buy and argue with the dude at the cash register on how to calculate sales tax on your $2,000 big screen? no. BOTTOM LINE: find the dealer that offers the best out the door payment.

On my lease agreement, the selling price is listed as $35,104, but they gave me a trade-in value of $1563 for my 2009 RAV4 that I returned at lease end (not sure why???), so my effective selling price was 33,541 (MSRP $37,271)

Would you provide the current residual and tier1 money factor for a lease of a 2wd SE V6 for 36 months, 12k miles per year? It has Nav package if that matters. Thanks....I'd like to close a deal this weekend. We are also considering a 2wd Limited.

Well, just got back from the dealership and have myself a beautiful new highlander. I ended up getting it for $369.50 per month with tax included. They were going up to $389 for 15k miles. So I decided to leave that and just go for 12k. Otherwise I am incredibly happy at the deal.

Can you please post the money factor and residual percentage for a 2012 Toyota Highlander Limited, 4x2, Navigation, 10k miles per year in Atlanta which is the SE Distributor and I assume not Toyota Finance?

This deal includes a $500 lease rebate. Earlier in the year, this would have been a good deal, and it may still be. But the new Highlander will be out in a few months, and I'll be driving yesterday's news. Thoughts?

Traded in a 2011 Prius II which I had on lease that had 1.5 years left on it and got $19,240 for it which basically paid off my lease and into a new Highlander. According to Edmunds' TMV the average price of the vehicle before taxes, licensing etc is $30,762 (base cap?) vs $30,090 (my base cap). What do you guys think?

$5000 initial down payment (include the first month payment)$289 a month

This covers all fees and tax. I believe the total cost is about $15500. I did the math. When buying the car and sell it in 3yrs, it costs about the same (depreciation, tax, interest, fees). I was going to buy a certified 2010 SE but this lease deal seems to be pretty reasonable.

This is our initial discussion, so they may be able to come down more but I am not sure how much more. I am thinking about asking for $250 a month. Thought?

Disposal fee? You mean did I pre-pay it? NO! I have never paid or will ever pay a disposition fee to any dealer. If they want the sale on my next lease, they will waive the fee. It's a standard fee on all Toyota leases now, did you actually negoatiate the fee? Or did they make you believe that they're giving you a deal by only charging you $395 at the end of your lease?

As for your offer, I think you can do better, if not much better. Since you are pre-paying all the fees (it should be 2 fees at most: bank (acquisition) fee, and maybe a dealer "document fee"..bs fees usually added to make them more money), taxes, and some down payment, your finance fee should be a little less.

You saw my deal. The MSRP was $37,200+ and I'm only paying $403 with $530 down (1st month and my registration renewal). You are putting down $5000 (that's about $139/mo X 36) plus $289/mo. Add that up and you're paying $428/mo. With that much down, I would not go a dollar above $250, more like $240. Remember, I had a remote starter ($500+). If you didn't have any extra options (besides mats and tow-prep), $240 would be my absolute max.

Hi- I found this thread and was looking for your opinion. I have a lease offer at this point for a 2012 AWD 6 cyl Highlander SE w/tow pkg, Nav, side moldings and wheel locks from a CT Toyota dealership.

I wanted to put nothing down. Had the bank fee ($650) NY doc fee ($261) and a "dealer prep" fee ($295) rolled into the monthly payment. They initially wanted $1700 down to cover these fees plus first month.

I made an offer to a local dealer in California on a model with MSRP of $35,900 and I offered $31,500. They are offering lease rate of .00030 (.72%) but are saying that no incentives or discounts apply due to the low rate. They did come back with an offer at $33,700. I am seeing in various forums that they $31,500 for these models they are getting rid of for the 2013's is a legitimate offer. Is it true that they can only offer me this good lease rate and perhaps $200 over invoice? Thanks for your help.

I was hoping to get a reply but made the following deal and wanted to share it:

Lease rate: .00020 (.48%)MSRP: $35,950Price: $32,850I found out that Toyota has a loyalty program with $1,000 towards down payment (this is different from $1,000 cash offer which can't be combined with promo lease rate apparently). So they put $1,000 as a down payment (and I put $0 down on my own)Monthly payment: $388 (tax inclusive) BUT I did get the GAP insurance $650 which brought it up to $404 (tax inclusive). All in all ended up being about $1400 below invoice (true price was $31,850)

Hi all - I wanted to forward lease numbers for January. We just leased a 2013 Highlander SE 4X4 in MA and the MF was 0.00001 with a 24 month residual of 70.5%. The 36 month residual was 61% but we went with 24 month lease. Remember Toyota's residuals fluctuate slightly on optional equipment. Good luck.

I got what I think was a good deal on my Highlander base (for a 4WD - it was V6) lease. MSRP north of $32,000. Deal was $4,000 up front (I took care of that with a trade in that was probably legitamately worth $3500 or so), then $199 a month for 36 months. This was a full $100 a month less than I was seeing in some other places (though cash was a bit higher).

Looking to lease a Highlander LTD AWD. I would like the residual and money factor for February for both the LTD AWD gas and hybrid version based on excellent credit and 12k for 36 months. Please provide info when you have a chance. Are there any cash back deals?

I was told feb money factor increased to .00047 and $500 rebate is gone. Monthly quote on 36 month, 12k per year with roughly $700 out of pocket was $450 (including NYC tax). Msrp was 40,600. Selling price was 37,600. I was a bit disappointed as last month this was quoted at roughly $400 per month.

There is an Encore Program thru TFS. I have a TFS lease I'm trading in, not turning in. I'm 7 mos from the finish line and dont want to wait. Isnt there a 1000 rebate for customer loyalty or some such? Please let me know SOON. Going into the dealer and they are not giving me any info. Odd... yeah right!

To get this deal we are trading in a 08 Rav4, Base V6 with 60K. We still owe $9000 and the dealer is giving us $14,300. Plus we are putting an addition $700 cash and our first payment down. (The first payment is sort of a wash with the current payment we have due on our rav)

I just called a dealer who quoted me over $500 a month for a Highlander Limited with rear entertainment system and running boards. He's saying it's a great deal but I don't agree! I have seen lower monthly rates on more expensive cars. Please help me understand how he got to that price?! This is in Sugar Land/Houston,TX :confuse:

I just got a quote from a dealer in PA that listed a MF of .00110 and 59% residual on a 3yr/36k mile lease. Does this sound about right to you? Based on some of the other posts, it looks like others have done better.

FYI - just wanted to post the final deal I was able to get. We leased a 2013 Highlander 4WD Limited for a final of $1k out of pocket, $437/mo. Lease was for 36mo/12Kmiles per year. I think the final MF was .00030, and a residual of 59%. Cap cost was around $37000.

I thought it was a good deal in the end. Very pleased with the vehicle.

Not sure what to advise you. I would probably go for the SE, no money down. Unless you need those features of the limited.

While I'm here, will be looking at obtaining my next car at the end of June. Moving to a small town. Wife wants a Volvo S60/XC60, but closest dealership is 2 hours away. I like the cars as well (albeit pricier), but the distance to the dealership is troublesome.

So Car_man, if you could please post the MF and residuals for the Toyota highlander SE and Limited for June (once available). Region is Texas.